Buyers' index stalls as war threat loomsNews & Analysis 1/31/2003 Post a commentEBN's Electronics Buyers' Index (EBI) barely budged in January as companies across all segments of the industry hunker down with the rest of the global economy to await the next capital spending boom and the resolution of the Iraq crisis. Bolajo Ojo tells of the fear out there.

Cisco forges component road mapNews & Analysis 1/31/2003 Post a commentLooking to bring cohesion to its distributed operations, engineering and supply-chain executives at Cisco Systems Inc. hope to hammer out a set of three-year road maps by the summer for the microprocessors, memories, ASICs and other technologies they intend to use. The road maps will offer guidelines both for designing Cisco products and forging vendor relationships.

Creditors reject Globalstar rescue packageNews & Analysis 1/31/2003 Post a commentSatellite network operator Globalstar has been forced to restart discussions with potential investors after its creditors rejected a proposed rescue operation led by New Valley Corp.
The $55 million deal put together three weeks ago by New Valley, would have given the Miami-based investor group a controlling stake in Globalstar (San Jose, Calif.), but was rejected by the company's creditors as not being high enough. The original investors and bondholders are believed to have invested $4 billio

Asia foundries envision cloudy '03News & Analysis 1/31/2003 Post a commentCaution reigned last week in the foundry world, with the top three players happy to close the books on a tepid 2002 but still unable to get a solid reading from the tea leaves for demand in 2003.

EE grads face worst job market in 20 yearsNews & Analysis 1/31/2003 Post a commentThis year's crop of EE graduates will be scrambling for slim pickings as they confront the worst engineering job market in perhaps two decades, according to career services directors at universities and engineering schools contacted by EE Times.

300-mm wafer processing tool market to grow 37% in 2003News & Analysis 1/31/2003 Post a commentNEW TRIPOLI, Pennsylvania --- The market for 300-mm wafer front-end equipment will be $7.8 billion in 2003, according to a report from The Information Network, a market research company based here. The report says it will grow even faster in 2004, by 58%, to reach a value of $12.3 billion.

Get2Chip promotes ex-Avant! exec to presidentNews & Analysis 1/31/2003 Post a commentSAN JOSE, Calif. -- Circuit synthesis tool supplier Get2Chip Inc. has appointed Chi-Ping Hsu as its president in addition to his current duties as chief operating officer. Sridhar Murthy has been named chief financial officer. Both report to Bernd Braune, Get2Chip's chairman and chief executive officer.

Infineon works with Nazomi to accelerate TriCoreNews & Analysis 1/31/2003 Post a commentInfineon and Nazomi plan to work together to integrate Nazomi's JA108 universal accelerator chip for multimedia applications and the Java platform with a reference evaluation board for Infineon's TriCore unified processor architecture designs.

Nanotech centres open across UK, EuropeNews & Analysis 1/31/2003 Post a commentThe European NanoBusiness Association (ENA) has announced plans to open nanotechnology hubs in 12 European cities in an effort to capitalise on research across Europe and boost interaction among businesses, research bodies and financial institutions.

EADS acquires BAE Systems' stake in AstriumNews & Analysis 1/31/2003 Post a commentThe European Aeronautic Defence and Space Agency (EADS) today announced it had acquired BAE Systems' 25 percent stake in European satellite and telecoms company, Astrium in what is effectively a free transfer.

ACT raises €170m to spend on Irish tech companiesNews & Analysis 1/31/2003 Post a commentIrish venture capital company, ACT Venture Captial has raised €170m that it plans to invest in Irish technology companies over the next three to five years. The amount invested per company will range between €3m to €15m and ACT said it is looking for indigenous Irish companies with strong technologies aimed at international markets.

AMD timetables 64-bit processor introductionsNews & Analysis 1/31/2003 Post a commentAdvanced Micro Devices Inc. gave dates for the launch of its family of 64-bit processors today (January 31, 2003). The company said the Athlon 64 and Mobile Athlon 64 processors would not launch until September of 2003 whereas the 64-bit Opteron processor would be introduced to the market on April 22 in New York.

Mykolis cuts losses in Q4, sees continued weaknessNews & Analysis 1/31/2003 Post a commentBILLERICA, Mass. --- Mykrolis Corp. fourth quarter revenues were $46.5 million, a 3% decline from $47.7 million in the third quarter of 2002 and a 28% increase from the comparable quarter a year ago. The company recorded a net loss of $8.2 million compared to a net loss of $14.5 million a year before.